ANTWERP DIAMOND SOLUTION

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of ANTWERP DIAMOND SOLUTION is 1.5% (moderate). The 2022 annual accounts show equity of €27k and a net result of €24. Equity remains stable across the filed fiscal years (±2% per year). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 5 annual accounts.

Signals

Insufficient current data: the most recent filed accounts (financial year 2022) are too old to derive current signals.

Filing behaviour

From the deposit records, complete market-wide

Annual accounts not filed

The financial year that closed on 31-12-2023 was due at the National Bank by 31-07-2024. Nothing is on record today, 762 days later. 3 financial years are missing in total. Measured on financial year 2023: 41.75% of the companies that did not file are in an abnormal legal state today, against 1.66% of those that did.

Filed more than 90 days late

The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 31-12-2023, 153 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

How we compute the deadline

The year end is derived from 9 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2022, that is 31-07-2023.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
31-12-2025	31-07-2026	nothing on record	not filed	-
31-12-2024	31-07-2025	nothing on record	not filed	-
31-12-2023	31-07-2024	nothing on record	not filed	-
31-12-2022	31-07-2023	31-12-2023	153 d late	2024-00540659
31-12-2021	31-07-2022	31-12-2022	153 d late	2022-20550412
31-12-2020	31-07-2021	31-12-2022	518 d late	2022-20550411
31-12-2019	31-07-2020	30-12-2020	152 d late	2020-77700300
31-12-2018	31-07-2019	27-07-2020	362 d late	2020-35600242
31-12-2017	31-07-2018	21-11-2018	113 d late	2018-72700588
31-12-2016	31-07-2017	13-02-2018	197 d late	2018-04900250
31-12-2015	31-07-2016	15-07-2016	16 d early	2016-32800119
31-12-2014	31-07-2015	16-07-2015	15 d early	2015-32000130

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

Established

Founded in 2014, 12 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

1.5% Moderate

0%0,5%1,5%4%10%≥25%

No NACE activity registered +Multiple establishment units +Long track record −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)

EBIT marginNot published (abbreviated filing)

Net result€24-98.0%

Working capital€27k+0.1%

CSV export

Annual accounts & ratios

Source: NBB · 2022

Annual accounts filed on 31-12-2023 with the NBB · fiscal year 2022 · micro

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

declining Net result: declining trend of ~57.3%/year over 5 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

EBITDA

€-1k

- 18-22

Net profit

€24

-98.0% 18-22

Cash flow

€1k

-73.9% 18-22

Total assets

€32k

-5.2% 18-22

Equity

€27k

+0.1% 18-22

Working capital

€27k

+0.1% 18-22

Employees (FTE)

1

0.0% 18-22

Staff costs

€-439

- 18-22

Show 10 other metrics

Income taxes

€32

-96.0% 18-22

Debt

€5k

-25.1% 18-22

Debt ≤ 1y

€5k

-25.1% 18-22

Current ratio

6.02

+26.5% 18-22

Quick ratio

6.02

+26.5% 18-22

Solvency

83.4%

+5.6% 18-22

Debt / equity

0.20

-25.2% 18-22

ROE

0.1%

-98.0% 18-22

ROA

0.1%

-97.9% 18-22

Interest coverage

-23.60

- 18-22

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2022
Deposit	micro
Revenue	-
EBITDA	-
Net profit	€24
Cash flow	-
Staff costs	€-439
Income taxes	€32
Dividends	-
Total assets	€32k
Equity	€27k
Debt	€5k
of which ≤ 1y	€5k
of which > 1y	-
Working capital	€27k
Employees (FTE)	-

Ratios (computed)

	2022
Current ratio	6.02
Quick ratio	6.02
Working capital ratio	83.3%
Solvency	83.4%
Debt / equity	0.20
Long-term debt ratio	-
Interest coverage	-
Gross margin	-
Net margin	-
ROA	0.1%
ROE	0.1%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2022

Assets

Fixed assets €50 · 0.2% Current assets €32k · 99.8%

Equity & liabilities

Equity €27k · 83.4% Debt €5k · 16.6%

Full annual accounts (20 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2022
Balance sheet, Assets
TOTAL ASSETS	20/58	€32k
Fixed assets	21/28	€50
Financial fixed assets	28	€50
Current assets	29/58	€32k
Amounts receivable within one year	40/41	€7k
Cash & bank	54/58	€25k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€32k
Equity	10/15	€27k
Contributions / capital	10/11	€19k
Reserves	13	€8k
Amounts payable	17/49	€5k
Amounts payable within one year	42/48	€5k
Trade debts payable within one year	44	€5k
Income statement
Gross operating margin	9900	€452
Operating result	9901	€115
Financial charges	65	€59
Result before taxes	9903	€56
Income taxes	67/77	€32
Net result for the period	9904	€24
Result to be appropriated	9905	€24

This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2022 · computed

78 / 100 Excellent

050100

Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2022. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

on the map · from the address register

exact location from the address register On OpenStreetMap

81 companies at this address See who is registered here

Establishment units

2 locations

Antwerp Diamond Solution bvba

Hoveniersstraat 55, 2018 AntwerpenGroothandel in ruwe en bewerkte diamant

since 20142.225.598.484

Antwerp Diamond Solution BVBA

Pelikaanstraat 92, 2018 AntwerpenBewerken van diamant

since 20142.231.219.932

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels2

Ground area2,866 m²

Buildings2

Building footprint3,113 m²

Volume (LiDAR)83,780 m³

Tallest building48.3 m · ±14 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11808H1183/00Z002	Flanders	1,776 m²	1 · 2,191 m²	48.3 m · 14 fl.
11808H1181/00H004	Flanders	1,090 m²	1 · 922 m²	30.5 m · 4 fl.

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

0 of 3 acts read

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Financial profile

5 of 5 axes measured

66 / 100

Strong profile, led by solvency.

All 5 axes are computed from data Checked has read.

Health 78

Profitability 0

Solvency 100

Growth 52

Stability 100

Credit advice

verdict per customer and amount

Company registry

Company registry (CBE)

Crossroads Bank

Names & trade names

Legal nameNL

ANTWERP DIAMOND SOLUTION

Registered office

Hoveniersstraat 55 bus 90

2018 Antwerpen, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.